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Date: June 2,  2015 Date: 2015年June 2 Source: China Intellectual Property News

Intellectual Property Ranks Seventh Among the Factors Influencing EU Companies' Investment in China

On June 10, the European Union Chamber of Commerce in China released the "2015 Business Confidence Survey of the European Union Chamber of Commerce in China" in Beijing. The report shows that among the ten factors affecting EU companies' investment in China, intellectual property protection ranks seventh and remains the focus of EU companies. Among the more than 540 EU enterprises operating in China who participated in the survey, most EU enterprises believed that China's existing intellectual property laws and regulations system is very complete, and the construction of intellectual property legal system is very effective.

 

In an interview with the media, President of the European Union Chamber of Commerce in China, Woodke said that despite the continued slowdown in China's economic growth, China is still a priority investment destination for EU companies. As China's economic development enters a new normal, innovation will be one of the key factors driving the rise of China's economic value chain. He expressed his appreciation for "Made in China 2025" launched by the Chinese government not long ago. He believed that while increasing investment in R&D, the government should also pay attention to market demand, strengthen technology transfer, and ensure that R&D investment is commercialized and effectively protected by law. This requires Further strengthen the construction of the financial system, improve the level of intellectual property enforcement, and create a business environment of fair competition for the development of enterprises.

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